Common use of Loss, Theft, Destruction of Warrant Certificates Clause in Contracts

Loss, Theft, Destruction of Warrant Certificates. Upon ------------------------------------------------ receipt of evidence satisfactory to Issuer of the ownership of and the loss, theft, destruction or mutilation of any Warrant and, in the case of any such loss, theft or destruction, upon receipt of indemnity or security satisfactory to Issuer (it being understood and agreed that if the Holder of such Warrant is Blackstone or one of its Affiliates, then a written agreement of indemnity given by such Person alone shall be satisfactory to Issuer and no further security shall be required) or, in the case of any such mutilation, upon surrender and cancellation of such Warrant, Issuer will make and deliver, in lieu of such lost, stolen, destroyed or mutilated Warrant, a new Warrant of like tenor and representing the right to purchase the same aggregate number of Warrant Shares.

Appears in 2 contracts

Samples: Capital Contribution Agreement (Neches River Holding Corp), Capital Contribution Agreement (Neches River Holding Corp)

AutoNDA by SimpleDocs

Loss, Theft, Destruction of Warrant Certificates. Upon ------------------------------------------------ receipt of evidence satisfactory to Issuer of the ownership of and the loss, theft, destruction or mutilation of any Warrant and, in the case of any such loss, theft or destruction, upon receipt of indemnity or security satisfactory to Issuer (it being understood and agreed that if the Holder of such Warrant is Blackstone Oxy or one of its Affiliates, then a written agreement of indemnity given by such Person alone shall be satisfactory to Issuer and no further security shall be required) or, in the case of any such mutilation, upon surrender and cancellation of such Warrant, Issuer will make and deliver, in lieu of such lost, stolen, destroyed or mutilated Warrant, a new Warrant of like tenor and representing the right to purchase the same aggregate number of Warrant Shares.

Appears in 2 contracts

Samples: Capital Contribution Agreement (Neches River Holding Corp), Capital Contribution Agreement (Neches River Holding Corp)

Loss, Theft, Destruction of Warrant Certificates. Upon receipt ------------------------------------------------ receipt of evidence satisfactory to Issuer the Company of the ownership of and the loss, theft, destruction or mutilation of any Warrant and, in the case of any such loss, theft or destruction, upon receipt of indemnity or security satisfactory to Issuer the Company (it being understood and agreed that if the Holder holder of such Warrant is Blackstone or one of its AffiliatesNationsCredit Commercial Corporation, then a written agreement of indemnity given by such Person NationsCredit Commercial Corporation alone shall be satisfactory to Issuer the Company and no further security shall be required) or, in the case of any such mutilation, upon surrender and cancellation of such Warrant, Issuer the Company will make and deliver, in lieu of such lost, stolen, destroyed or mutilated Warrant, a new Warrant of like tenor and representing the right to purchase the same aggregate number of Warrant Sharesshares of Class C Common Stock.

Appears in 1 contract

Samples: Warrant Agreement (Medichem Life Sciences Inc)

AutoNDA by SimpleDocs

Loss, Theft, Destruction of Warrant Certificates. Upon receipt ------------------------------------------------ receipt of evidence satisfactory to Issuer the Company of the ownership of and the loss, theft, destruction or mutilation of any Warrant and, in the case of any such loss, theft or destruction, upon receipt of indemnity or security satisfactory to Issuer the Company (it being understood and agreed that if the Holder holder of such Warrant is Blackstone or one of its AffiliatesMerchant Capital, Inc., then a written agreement of indemnity given by such Person Merchant Capital, Inc. alone shall be satisfactory to Issuer the Company and no further security shall be required) or, in the case of any such mutilation, upon surrender and cancellation of such Warrant, Issuer the Company will make and deliver, in lieu of such lost, stolen, destroyed or mutilated Warrant, a new Warrant of like tenor and representing the right to purchase the same aggregate number of Warrant Sharesshares of Non- Voting Common Stock.

Appears in 1 contract

Samples: Warrant Agreement (Medichem Life Sciences Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!